Several U.S. Supreme Court justices took a dim view Tuesday of a California appeals court’s refusal to send a consumer class action over DirecTV's early termination fees to arbitration, but experts said the justices' questions show a high court grappling with how to balance the federal push for arbitration with states’ rights to interpret contracts.
The U.S. Supreme Court on Tuesday refused to stay the D.C. Circuit's recent revival of a U.S. Department of Labor rule extending Fair Labor Standards Act protections to most home care workers, paving the path for them to qualify for minimum wages and overtime.
Fifth Third Bancorp and its subsidiaries have agreed to pay the government $85 million to settle a False Claims Act suit alleging the bank failed to tell the U.S. Department of Housing and Urban Development that it issued nearly 1,500 materially defunct residential mortgage loans, the U.S. Department of Justice announced Tuesday.
Washington, D.C., officials said Tuesday that they've brokered a deal with Exelon Corp. that would allow its $6.8 billion merger with Pepco Holdings Inc. to go through after the district's utility regulators rejected the tie-up over concerns it would harm ratepayers.
Rapper 50 Cent accused of malpractice Garvey Schubert Barer and the attorneys who represented him in licensing negotiations and arbitration disputes with a headphones maker in which the now-bankrupt entertainer had invested, saying in a complaint on Tuesday that the firm and its attorneys owe him $75 million.
Jurors in the trial of the former top executives of Dewey & LeBoeuf LLP on Tuesday said they are deadlocked on a majority of the charges brought over what prosecutors say was a scheme to defraud the firm's lenders and investors, raising the possibility that the case may largely end in a mistrial.
A Florida jury slapped R.J. Reynolds and Philip Morris with $250,000 each in punitive damages Tuesday, adding to a $1 million compensatory verdict it awarded to the family of a five-pack-a-day smoker who died of lung cancer but falling far short of the total damages sought by the plaintiff.
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